710 Margaret Henry RdSterlingCT06377
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sterling at 710 Margaret Henry Rd, Sterling, CT, 06377 with 5% annual appreciation on a $130,000 basis while $0/mo rent supports operations. 68% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1973
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06377, Sterling, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 946 (79.8%) |
| Renter Occupied HU | 186 (15.7%) |
| Vacant Housing Units | 53 ( 4.5%) |
| Median Home Value | $342,810 |
| Average Home Value | $360,114 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
968
Multi-Family
0
Businesses
44
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Listed by: Virginia Dunbar • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082650
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